Description

General information

This waterfront hotel on the Makarska Riviera features a total surface area of 800 m² and is situated on a land plot of 697 m². The property includes 10 fully furnished and equipped apartments, each with terraces overlooking the sea. The accommodation consists of 6 studio apartments for 3 persons and 3 one-bedroom apartments accommodating up to 4 people. Additionally, there is a penthouse with 2 bedrooms, a double salon, kitchen, bathroom, and terrace. The ground floor houses a restaurant and kitchen capable of servicing 200 guests.

Location

Located in Zivogosce, Croatia, the hotel is nestled among pine trees next to the beach, providing a picturesque setting for guests.

Infrastructure and features

10 fully furnished and equipped apartments
Terraces overlooking the sea
Penthouse with 2 bedrooms
Restaurant with capacity for 200 guests
Gym
Spa
Modern facilities

Investment appeal

The apartments are offered to tourists at rates ranging from 35 EUR per day in winter to 110 EUR per day during the high season (June-September), generating a total annual income of 300,000 EUR. The property has excellent occupancy rates and presents a unique opportunity for buyers looking to manage a family business by the sea, with the potential for 8-10% profit per year if personally managed.

Licence information

116/2012 HGK

Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.